The United Nilgiri Tea Estates Company Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 179.29 million compared to INR 220.31 million a year ago. Revenue was INR 213.3 million compared to INR 237.18 million a year ago.

Net income was INR 48.39 million compared to INR 34.61 million a year ago. Basic earnings per share from continuing operations was INR 9.68 compared to INR 6.93 a year ago.